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Introduced Version House Bill 2788 History

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Key: Green = existing Code. Red = new code to be enacted

WEST virginia legislature

2021 regular session

Introduced

House Bill 2788

By Delegates Hanshaw (Mr. Speaker) and Skaff

(By Request of the Executive)

[Introduced February 26, 2021; referred to the Committee on Finance]



 

A BILL expiring funds to the unappropriated surplus balance in the State Fund, General Revenue, for the fiscal year ending June 30, 2021, in the amount of $6,497,548 from the balance of moneys remaining as an unappropriated balance in the State Excess Lottery Revenue Fund.


WHEREAS, The Governor submitted the Executive Budget Document to the Legislature on February 10, 2021, containing a statement of the State Fund, General Revenue, setting forth therein the cash balance as of July 1, 2020, and further included the estimate of revenue for the fiscal year 2021, less net appropriation balances forwarded and regular and surplus appropriations for the fiscal year 2021, and further included recommended expirations to the unappropriated surplus balance of the State Fund General Revenue; and


WHEREAS, It appears from the Governor’s Statement of the State Excess Lottery Revenue Fund, there now remains an unappropriated balance in the State Treasury which is available for expiration during the fiscal year ending June 30, 2021; and


WHEREAS, It appears from the Governor’s Statement of the State Fund, General Revenue, and this legislation, there now remains an unappropriated surplus balance in the Treasury which is available for appropriation during the fiscal year ending June 30, 2021; therefore

Be it enacted by the Legislature of West Virginia:


That the balance of the funds remaining as an unappropriated balance for the fiscal year ending June 30, 2021, in the State Excess Lottery Revenue Fund be decreased by expiring the amount of $6,497,548 to the unappropriated surplus balance of the State Fund, General Revenue to be available for appropriation during the fiscal year ending June 30, 2021.

 

NOTE: The purpose of this supplemental appropriation bill is to expire funds from the aforesaid account to the unappropriated surplus balance of the State Fund, General Revenue for expenditure during the fiscal year 2021.

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